Shares in Diamond Fields International (DFI-T) were 7.5, or more than 40%, higher at 24 in early afternoon trading in Toronto on Jan. 9, after the company said it had turned up kimberlite outcrop at the Camp Alpha prospect on its Grand Cape project in western Liberia.
The outcrop occurs on the margin of a swampy area measuring around 3 hectares. Sampling on a grid measuring 1 km by 1km yielded favourable G10 garnets. The company believes the swampy depression may represent a pipe structure.
A second nearby sampling grid identified a nearly continuous 3-km trail of kimberlite indicator minerals believed to represent a dyke or series of sub-parallel dykes.
Further sample results are expected by mid-January. Follow up ground geophysics and drilling is planned for both areas.
DFI says that reconnaissance-scale stream sediment sampling over about 45% of the property has also returned G10 garnets, with 10 high-priority targets outlined so far.
The 1,095-sq.-km Grand Cape exploration license is underlain by the Archean-aged Guinea shield. It is also immediately adjacent to Mano River‘s (MNO-V, MANA-L) recently discovered kimberlites.
Pitting by Mano on indicator mineral anomalies recently identified two new kimberlites on its MCA licence. Dubbed Alpha-2 and Alpha-3, the kimberlites are situated 350 metres north and 10 km south of previously reported Alpha-1. Mano believes Alpha-3 may represent a pipe; the areas surrounding both new finds have been subject to extensive surficial artisanal diamond mining.
More recently Alpha-1 was proved diamondiferous, with a 95-kg sample yielding 16 diamonds, including 4 macrodiamonds (defined here as stones exceeding 0.5 mm in at least one dimension). The four macros weigh in at 0.018 carat, with the largest measuring 1.37 by 1.11 by 0.37 mm and classified as a white, transparent, and octahedral.
The MCA project is a joint venture held 30% by the government of Liberia and 70% by the company. In addition to diamonds, the 15,000-sq.-km land package is prospective for gold and base metals.
Back at Grand Cape, DFI is in the midst of lining up drill targets on what it believes is a shear-hosted gold system. Work on the Henry Town gold showings includes reconnaissance soil, grid and trench sampling. The weathered regolith, which is up to 15 metres in thickness, is currently surrendering coarse gold to artisanal miners.
Meanwhile, at the 718-sq.-km Grand Gedeh property in central Liberia, initial sampling has outlined a 1.6-km-long gold-in-soil anomaly. So far, work has focussed on 5 sq. km around the Barteajam artisanal workings, which have been operating continuously since 1945.
Further sampling is planned, as Barteajam covers less than 1% of the total concession area. Early results include visible gold in samples from the northwest corner of the property, closer to the Cestos Shear.
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